World Bank

IMF lowers India's growth forecast over demonetisation, GST

It also lowered the country's growth for 2018 to 7.4 per cent, 0.3 percentage points less than its previous two projections in July and April.

Oct 10, 2017, 18:45 PM IST

India's transition to GST fairly smooth despite attempts to derail it: Arun Jaitley

Jaitley, who is on a week-long visit to the US to attend the annual meetings of the International Monetary Fund and World Bank, said under the GST the government has unveiled attractive schemes to ensure that the non-compliant in India become compliant.

Oct 10, 2017, 12:42 PM IST

Arun Jaitley headed for US for IMF-World Bank meets

In Boston, Jaitley will take part in a roundtable investment meet on 'Indian Economy - The Road Ahead'. Later, he will deliver a lecture on India's tax reforms at the Harvard University.

Oct 08, 2017, 16:27 PM IST

India calls for new global partnership to boost economic growth

The global economic recovery is only progressing slowly and growth is weaker than expected while risks persist, Ashish Sinha, a First Secretary in India`s UN Mission, told the General Assembly committee dealing with economic and financial matters on Thursday.

Oct 06, 2017, 09:45 AM IST

World Bank raises Asia growth forecast, warns of NKorea risk

In its previous forecast in April, the Washington, DC- based lender projected a 6.2 per cent expansion in 2017 and 6.1 per cent for 2018.

Oct 04, 2017, 19:31 PM IST

Urban inequality a growing risk in Asia: World Bank

Half of the region`s population live in cities and rapid urbanisation has helped lift 655 million people out of poverty, the bank said in a new report.

Oct 03, 2017, 17:18 PM IST

World Bank warns of education crisis in India, raises fear of lower wages

India ranks second after Malawi in a list of 12 countries wherein a grade two student could not read a single word of a short text.

Sep 27, 2017, 11:05 AM IST

India growing pretty 'robustly': World Bank chief

In June, the World Bank predicted a 7.2 percent growth rate for India this year against 6.8 per cent growth in 2016. India remains the fastest growing major economy in the world, the World Bank officials had said.

Sep 21, 2017, 12:21 PM IST

India growing pretty robustly: World Bank chief

He said in terms of indebtedness, the bank was watching very carefully the debt-to-GDP ratios of every single country.

Sep 21, 2017, 12:21 PM IST

Indo-Pak talks on Indus Waters Treaty fail to break deadlock: World Bank

The latest round of talks between India and Pakistan on the Indus Waters Treaty have ended without any agreement, the World Bank has said, while asserting that it will continue to work with complete impartiality to resolve the issues in an amicable manner.

Sep 16, 2017, 14:42 PM IST

Indus Water Treaty: Next round of Indo-Pak talks at World Bank to begin today

Indo-Pak delegation on Indus waters are scheduled to meet on September 14-15 at the World Bank Headquarters in the United States.

Sep 14, 2017, 06:47 AM IST

Economic Survey flags immigration issue for IT-BPM sector

The mid-year Survey termed market access, competition from new entrants, job losses and lack of skilled talent and infrastructure as major challenges for the country's IT-BPM sector.

Aug 11, 2017, 18:54 PM IST

Gujarat CM's Principal Secretary is appointed as Executive Director in World Bank

Aparna has been appointed in place of S C Garg, who has recently taken over as Secretary, Department of Economic Affairs, in the Union Finance Ministry.

Aug 06, 2017, 16:26 PM IST

No decision on Indus Water Treaty yet; Indo-Pak talks on: World Bank

"The meetings earlier this week were held in a spirit of goodwill and cooperation. The parties have agreed to continue discussions and reconvene in September in Washington, DC," the World Bank said.

Aug 03, 2017, 09:11 AM IST

Big win against Pakistan as World Bank says India allowed to construct hydroelectric power plants under Indus Waters Treaty

In a big win for the country at the World Bank, the world body has allowed India to construct hydroelectric power plants on the Jhelum and Chenab Rivers.

Aug 02, 2017, 14:15 PM IST

World Bank assures 'neutrality' in Indo-Pak talks over Indus Waters Treaty

Pakistan had approached the World Bank last year, raising concerns over the designs of two hydroelectricity projects located in Jammu and Kashmir.

Jul 31, 2017, 10:30 AM IST

IFC to invest $ 1 billion in India for green buildings

With a view to support India's green building initiative, International Finance Corporation (IFC) is planning to invest over USD one billion in next five years, a senior official said. 

Jul 18, 2017, 19:18 PM IST

G20 adopts $1bn women entrepreneur plan for developing nations

G20 leaders on Saturday adopted a World Bank funding plan of up to USD 1 billion for women entrepreneurs in developing nations, an initiative championed by US President Donald Trump's daughter Ivanka.

Jul 08, 2017, 22:24 PM IST

World Bank clears $250 million loan to train India's job seekers

The Washington-headquartered World Bank's SIMO is a six- year programme in support of the Indian government's National Policy for Skill Development and Entrepreneurship (2017-23).

Jun 26, 2017, 16:00 PM IST

Bizarre! These three 'super fertile' Pakistani men fathered almost hundred kids

"The more Muslims grow, the more their enemies will fear them. Muslims should go for more and more children," the father says.

Jun 10, 2017, 20:53 PM IST